Renewable energy key way forward for green transition

Proportion of country's clean electricity expected to reach 70 percent of total terminal consumption by 2060

While China has come up with the world's largest power grid, its power sector needs further reform to ensure sufficient power supplies amid the country's green transition, industry experts said.

China's power market, after more than two decades of reform, boasts the world's largest installed capacity — twice that of the United States. However, diversified moves are still necessary to further facilitate the large-scale application of clean energy nationwide, said Shu Yinbiao, president of the International Electrotechnical Commission as well as an academician at the Chinese Academy of Engineering.

The proportion of China's green electrical energy is expected to reach 70 percent of the country's total terminal energy consumption by 2060, compared with its current green electrification rate of 27 percent, which is still 5 percent higher than the global average, Shu said during a high-end power market forum held by the China Electricity Council in Beijing recently.